About Recovo
Recovo is a company based in Barcelona (Spain) founded in 2021 by Marta Iglesias and Gonzalo Saenz Escudero. Recovo has raised $1.05 million across 2 funding rounds from investors including Mango, La Bolsa Social and Zubi Capital. Recovo offers products and services including Recovo Software and Fabric Marketplace.
- Headquarter Barcelona, Spain
- Founders Marta Iglesias, Gonzalo Saenz Escudero
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Sectors
Retail
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Phone
Locked
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Website
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Social
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- Legal Name Recovo Lab Sl
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.05 M (USD)
in 2 rounds
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Latest Funding Round
$1.05 M (USD), Seed
Sep 28, 2023
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Investors
Mango
& 6 more
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Employee Count
Not available
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Products & Services of Recovo
Recovo offers a comprehensive portfolio of products and services, including Recovo Software and Fabric Marketplace.
Software for optimizing textile waste and circularity processes.
Platform for buying and selling surplus fabrics online.
Funding Insights of Recovo
Recovo has successfully raised a total of $1.05M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.05 million completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Recovo
Recovo has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Mango, La Bolsa Social and Zubi Capital.
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Venture capital and incubation are provided to women-led startups.
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A network of impact investors is facilitated for sustainable investments.
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Early-stage investments are made by THCAP in US and Europe.
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Investor details for Recovo
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Investments & Acquisitions by Recovo
Investment portfolio details for Recovo
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Financial Statements - Recovo
Detailed financials for Recovo
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Recovo Comparisons
Peer comparison for Recovo
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Competitors of Recovo
Latest news on Recovo
Complete news archive for Recovo
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Frequently Asked Questions about Recovo
Recovo was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Recovo is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Recovo is a funded company, having raised a total of $1.05M across 2 funding rounds to date.
Recovo was founded in 2021 and is based in Barcelona, Spain. An online B2B platform is operated in the textiles sector, where a curated catalog of fabricsincluding natural, cotton, linen, denim, silk, wool, hemp, recycled, organic, deadstock, and synthetic varietiesis provided. Users are enabled to select items and order sample pieces prior to full procurement.
Recovo offers Recovo Software and Fabric Marketplace.
Recovo has 7 investors. Key investors include Mango, La Bolsa Social, Zubi Capital, HearstLab, and Impact Angels Bolsa Social.